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SME

Oct 14, 2019, 04.31 PM IST
11,341.1536.1
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Airport Authority of India, Air India join TReDS platform M1xchange

TReDS helps MSMEs get their bills discounted at a competitive rate through an auction where multiple registered financiers can participate.

YES Bank launches Bizconnect for MSME associations

Platform application with sectoral inputs, knowledge sharing, e-marketplace for inter-MSME trade and seamlessly integrated banking.

RBI increases income & loan limits for  NBFC-MFI

In the wake of the Andhra Pradesh micro finance crisis in 2010, a Sub-Committee of the Central Board of the Reserve Bank was constituted to study issues in the MFI sector.

Slowdown tales: Bhiwandi’s power looms fall silent

Bhiwandi once had more than 8 lakh power looms & the textile hub was a guaranteed source of income for many.

Top tech investor bets India corner shops can fight Amazon

India has the market size and talent pool to make things happen and now investors are lining up with capital.

Nitin Gadkari asks MSMES to enlist on stock exchanges

He urged PHD Chamber and entrepreneurs to contribute to the government’s “Waste to Wealth” mission.

AION Capital puts $40 million in SME lender Clix Capital

Firm to use funds to build consumer lending business, digital platform.

Corporate tax rate cuts: New contract manufacturing units eligible for 15 per cent tax benefit

Companies opting for 22% tax regime won’t be eligible for minimum alternate tax credit.

Govt to set up working group on proposed new industrial policy

The group will have members from different government departments of the Centre and states, as well as from industry chambers, including the CII.

PSUs told to clear vendor, contractor dues by October 15 to boost spending

Finance Secretary Rajiv Kumar said 34 central PSUs have already spent Rs 48,077 crore till August.

KSUM signs MoUs with Oppo, Wadhwani Foundation to support SMEs, startups

KSUM signs MoUs with Oppo, Wadhwani Foundation to support SMEs, startups

Wadhwani Foundation will run acceleration programmes for SMEs, startups, entrepreneurship education and women startups.

More MSMEs must get listed to fund growth, says Nitin Gadkari

More MSMEs must get listed to fund growth, says Nitin Gadkari

​​Such a move would allow the companies to get funds to expand their business globally, bringing in more revenue for the country, while investors will get good returns on their investment, he said .

MSME Scheme: How the Micro Finance Programme is providing funds to small businesses

MSME Scheme: How the Micro Finance Programme is providing funds to small businesses

To ensure easy availability of finance, the Government offers the Micro Finance Programme wherein the security deposit of loans sought by MFIs and NGOs are financed by the Government.

Collaboration with technology startups could result in exponential, scalable growth for MSMEs

Collaboration with technology startups could result in exponential, scalable growth for MSMEs

MSMEs (Micro, Small & Medium Enterprises) are one of the largest employment generating sectors in India with over 6.3 crore enterprises that provide opportunities to over 110 million people.

UNCTAD sees India growth moderating to 6% in 2019

UNCTAD sees India growth moderating to 6% in 2019

The central bank has revised downward the FY20 GDP growth rate to 6.9% from 7% earlier after cutting the key lending rate four times in succession.

SME digitisation platform GlobalLinker signs MoU with Thailand

SME digitisation platform GlobalLinker signs MoU with Thailand

GlobalLinker estimates that the MoU will bring over 40,000 SMEs from Thailand & India on board the platform.

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